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Fortune

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Everything posted by Fortune

  1. Baker Hughes was suppose to purchase that property and build a new corporate campus. With Halliburton aquiring Baker Hughes I doubt that will be happening. Maybe another company purchased the land.
  2. "Lots of firsts for Generation Park: its first anchor tenant is also its first Fortune 500 corporate campus: FMC Technologies acquired 173 acres, which is nearly the same size as the new ExxonMobil campus. McCord Development’s John Flournoy (nice catch, John!) tells us that the subsea technology giant for the oil and gas industry will be consolidating all of its Houston-based operations at Generation Park, including its global HQ, and is nearing completion of its first phase on 70 acres. Early next year, approximately 2,000 FMC employees will be moving to Generation Park in over 1M SF of office and workshop space as part of the first phase. Also new is the S.PA, Generation Park’s first corporate lifestyle center. The 52 acres is scheduled to break ground later this year and will be home to corporate office users and a mix of amenities like restaurants, hotels, conference centers, healthcare centers and child development centers. Stolt-Nielson, a leading European logistics company, recently acquired acreage in the S.PA and by winter, two hotels will be under construction. Yet another first: a 57-acre San Jacinto College campus will focus on serving the community and partnering with companies located in Generation Park to help train their current and future workforce." Read more at: https://www.bisnow.com/houston/news/commercial-real-estate/generation-park-hooks-big-fish-47939?utm_source=CopyShare&utm_medium=Browser
  3. http://www.bizjournals.com/houston/morning_call/2015/07/new-aloft-hotels-coming-to-houston.html "As Houston Business Journal previously reported, one of the new hotels will be the Aloft Houston Downtown. The historic Stowers Furniture Building at 820 Fannin St. will be redeveloped into a 165-room hotel with 2,000 square feet of meeting space. It is expected to open in June 2016."
  4. Lovett Commercial is the buyer. http://blog.chron.com/primeproperty/2015/07/lovett-commercial-set-to-buy-downtown-post-office/ "The downtown post office has a buyer who may turn the site into a mixed-use development with shops, office, housing and perhaps a boutique hotel. Houston-based commercial real estate developer Lovett Commercial is under contract to buy the property at 401 Franklin from the United States Postal Service. Closing is scheduled for late summer or early fall. “It’s extremely rare to find a 16+ acre parcel in any major U.S. downtown,” Burdette Huffman vice president of Lovett Commercial said in an email to the Chronicle. The property, he added, offers an “incredible location with direct connectivity to Buffalo Bayou and the Theater District,” as well as “fantastic access to I-10, I-45, downtown and the Washington corridor.” Huffman said the company is still working on conceptual plans for the site and is exploring ways to reuse portions of the existing buildings."
  5. The new buildings look great indivually, however it just doesn't look cohesive.
  6. Isn't this the same group that built the Embassy ? . . . We all see how that turned out.
  7. I hope this is a boost for the site since there will be more visibility.
  8. The permits for $16 million are just for remodeling and build outs on the current buildings on site. The second tower and office building will have their own separate permits.
  9. I really hope the 24 story building gets financed, that corner of downtown needs some action.
  10. Construction will start early next year. The building will be 8 stories tall consisting of two levels for Whole Foods, 260 apartments, 2 levels for resident parking, and two levels of underground parking for Whole Foods customers. Rosalie will be closed between Smith & Brazos for development which will also spill onto the block north. The store will face Smith St. It will be a part of the pearl brand.
  11. http://www.houstonchronicle.com/business/real-estate/article/Midtown-project-to-combine-Whole-Foods-luxury-6250297.php
  12. Existing thread: http://www.houstonarchitecture.com/haif/topic/30893-legacy-new-outlet-mall-mixed-use-project-texas-instrument-facility-site/
  13. I agree, his project should have been the first development to start construction. Marvy Finger or even Novare should take his place they have shown more confidence in downtown Houston then Campo has.
  14. Looks like this is still moving toward I'm some form . . . https://www.bisnow.com/houston/news/mixed-use/street-level-investments-500m-redevelopment-45447
  15. This was brought up on Swamplot the other day http://swamplot.com/stags-head-pub-cant-renew-its-lease-is-calling-it-quits-for-now/2015-04-14/
  16. http://www.bizjournals.com/houston/news/2015/04/06/houston-developer-closes-on-prime-property-near.html
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